Industrial special risks insurance (ISR) 

Platinum Commercial and General Insurance is able to arrange, place and manage all your Industrial special risks insurance (ISR) requirements.

We have facilities with specialist Industrial special risks insurance (ISR) underwriters and access to insurance underwriters with a long standing reputation for a depth of commercial property insurance sector knowledge.  With access to underwriters specialising in various classes of property insurance we are able to assist you to manage your Industrial special risks insurance (ISR) needs. 

Property insurance primarily aims to provide insurance cover for damage to property through fire, accidents and natural catastrophes like cyclone, hailstorms, earthquakes or bushfires, as well as the resultant loss of profit from production incapacity.

Industrial Special Risks (ISR) insurance is designed for larger enterprises, where the size and diversity of the operations make it practical to combine individual policies (fire, consequential loss, theft, money and glass).

The Industrial Special Risks (ISR) insurance policy basically covers first-party property damage by any cause not otherwise excluded under the policy. Indirect loss exposures can also be covered. These include:

• Loss of income due to insured property damage.
• Extra expenses in continuing the business following direct property loss and contingent losses following direct damage to suppliers, customers and utilities.

We have facilities with specialist underwriters offering industry-agreed base ISR wordings (ISR Mark 4 & ISR Mark 5) and they are typically happy to discuss the inclusion of variations from these standard wordings to accommodate the insured’s particular exposures, subject to review.